Business Green

MARCH 30, 2020

Barclays has set out its ambition to become a net zero bank by 2050, today pledging to align both its own business as well as its entire financing, investing and lending portfolio with the goals of the Paris Agreement within the next 30 years.

Fossil fuels 96

Fossil fuels Climate change Global warming Investment 96

Business Green

NOVEMBER 14, 2022

Barclays launches new pilot project to help mortgage customers fund energy efficiency-related home improvements. Barclays has become the latest bank to launch a new green mortgage pilot scheme, today revealing plans to offer a reward of up to £2,000 to customers that undertake selected home energy efficiency improvements.

Energy 71

Energy Energy Investment Technology 71

Business Green

MAY 5, 2020

Barclays has snapped up a "significant" equity stake in digital energy efficiency platform and consultancy SaveMoneyCutCarbon for an undisclosed sum, as the bank today confirmed its first major green investment since announcing its ambition to become a net zero emission company by 2050. Late last month a report led by 350.org

Fossil fuels 71

Fossil fuels Energy Energy Europe 71

Business Green

FEBRUARY 15, 2023

Update to fossil fuel financing policy sees firm enact new rules on tar sands and coal, but leaves controversial oil and gas financing policy intact In a major update to its fossil fuel financing rules announced this morning, Barclays has said it will tighten lending criteria for coal power and end financing of oil sands exploration and production.

Policy 36

Policy Fossil fuels Investment Europe 36

Business Green

FEBRUARY 16, 2022

Barclays announces 10-year corporate PPA with oil and energy giant BP, while Goldman Sachs scores separate deal with solar develop NextEnergy Capital. The renewables projects are expected to deliver an estimated 35,000 tonnes of carbon savings for Barclays, while supporting local employment in the regions they are built, the bank said.

Carbon 70

Carbon Law Electricity Climate change 70

Business Green

MARCH 29, 2023

Industry Voice: UK Export Finance explains how it helped cheese brand Wyke Farms' secure a £30m General Export Facility with Barclays to support its global expansion plans Wyke Farms is the UK's largest independent cheese producer, exporting around 6,000 tonnes of cheddar every year to countries, including Japan, Australia, South Africa and the USA.

Business Energy Monitoring 69

Business Energy Monitoring Building Energy Monitoring Sustainability Energy Monitor 69

Business Green

JANUARY 14, 2021

Climate risk and ESG factors to be integrated into £1.3bn diversified growth portfolio used for Barclays UKRF defined contribution pension scheme. The DGF will target investments that represent material improvements in measures of ESG and carbon emissions intensity, the scheme added.

Climate change 59

Climate change Investment Policy Sustainability 59

Business Green

DECEMBER 7, 2020

Barclays has just announced how it intends to reach 'net-zero' by 2050, after facing serious investor scrutiny at the start of the year. This poses a huge problem for institutions like Barclays. By September of this year, Barclays had already pumped more money into the fossil fuel industry than in the same period last year.

Fossil fuels 71

Fossil fuels Climate change Europe Pollution 71

Business Green

FEBRUARY 10, 2020

Barclays is gearing up to introduce stricter climate change policies that would further limit its investments in fossil fuels, following growing pressure from the bank's shareholders, according to reports. Bank considering introducing stronger limits on its fossil fuel investments as it faces growing pressure from shareholders.

Fossil fuels 69

Fossil fuels Policy Investment Global warming 69

DeSmogBlog

DECEMBER 4, 2023

billion debt of the Barclay brothers, their current owners. Zahawi has admitted that he introduced IMI to the Barclay brothers, and it has been suggested that the former chancellor of the exchequer could be installed as the chairman of the Telegraph Media Group if the deal goes through.

Fossil fuels 109

Fossil fuels Investment Policy Government 109

Business Green

SEPTEMBER 3, 2020

Instead, I can see us sliding back into business as usual and it is business as usual which has got us into this mess.". Harvey said he "would love to see" other business leaders follow his example, citing the climate emergency as the biggest issue humanity faces. "I This must stop!

Fossil fuels 100

Fossil fuels Climate change Ethics Investment 100

Business Green

AUGUST 18, 2023

. - by Michael Holder @michaelholder Report: Global voluntary carbon credit market primed to reach $250bn by 2030 Voluntary carbon market currently valued at less than $500m annually could hit $1.5tn by 2050, according to Barclays. -

Hydrogen 68

Hydrogen Carbon Government Investment 68

Envirotec Magazine

FEBRUARY 9, 2024

“By giving external entrepreneurs access to the same expertise and facilities as our internal teams, the DeepTech Launchpad levels the playing field and fertilises high-growth businesses with world-changing potential.” Together, we’re diving into a brighter and cleaner future for marine transportation.”

Innovation 147

Innovation Technology Startups Construction 147

Business Green

JULY 12, 2020

The report, entitled Butchering the Planet , reveals that British banks Barclays and HSBC are among the world's top five creditors to 'Big Livestock' firms, investing billions of pounds into carbon-intensive agribusinesses that produce chlorinated chicken and are alleged to fuel the deforestation of the Amazon.

Agriculture 101

Agriculture Fossil fuels Policy Investment 101

Business Green

JANUARY 9, 2024

Confirmed speakers include Jim Mann, founder and CEO at carbon removal developer UNDO; Jeremiah Lim, director for carbon and sustainable fuels infrastructure in Barclays' Sustainable and Impact Investment Banking arm; and Georgia Berry, UK and European policy lead at Patch.

Carbon 39

Carbon Education Investment Sustainability 39

Business Green

OCTOBER 20, 2022

"We support the aims of the 2015 Paris Agreement, and the UK government's commitment to a Net Zero economy by 2050, which we recognise will require a radical reinvention of our ways of working, living and doing business.". We commend the bank for doing so and urge major UK banks such as Barclays and HSBC to swiftly follow suit," she added.

Fossil fuels 101

Fossil fuels Methane Sustainability Climate change 101

GreenBiz

AUGUST 24, 2020

Rather than raising funds for a particular category of projects or initiatives, the proceeds of sustainability-linked loans can be used for general business purposes. The deal was underwritten by a consortium of 18 major banks, including JPMorgan Chase, Bank of America, Barclays and Citibank.

Sustainability 531

Sustainability Health Waste Waste 531

Business Green

MARCH 3, 2020

Jupiter Asset Management has become the latest investor to put pressure on Barclays Bank to phase out the provision of financial services to the fossil fuel sector and utilities that are not aligned with the Paris climate goals. Asset management giant signals it will vote on climate-related shareholder resolution at 7 May AGM.

Fossil fuels 41

Fossil fuels Climate change Policy Carbon 41

Business Green

MARCH 22, 2022

Barclays has this week published its long-awaited climate plan , which it has confirmed it will put to a shareholder vote at its 2022 AGM in May in a landmark 'Say on Climate' vote. Barclays group chairman Nigel Higgins said the bank remained committed to delivering on its climate strategy and would continue to evolve it over time. "It

Fossil fuels 39

Fossil fuels Policy COP Methane 39

Business Green

JANUARY 19, 2023

New research by the Cambridge Institute for Sustainability Leadership (CISL)​, Business for Social Responsibility (BSR), the We Mean Business Coalition, and the SME Climate Hub this week argued that more needs to be done by policymakers and big businesses to engage SMEs with the net zero transition.

Innovation 62

Innovation Carbon Sustainability Technology 62

GreenBiz

JULY 12, 2020

SASB has a new CEO — Guillot — who joined SASB five years ago after a decade on the investing side with Barclays and CalPERS, and who came to her CEO job with a strong working relationship with Mohin. "With those numbers, I don’t see how what SASB is saying can be true," he said. But that was so last year.

Organic 527

Organic Sustainability North America Medicine 527

Business Green

FEBRUARY 21, 2023

The investment has been provided by GM Ventures, Barclays Sustainable Impact Capital, Siemens Energy Ventures, and SWEN CP through its fund SWEN Impact Fund for Transition 2. GeoPura said the investment would be used to ramp up the manufacturing and deployment of its hydrogen power generation technology and scale its business across the UK.

Hydrogen 39

Hydrogen Investment Fossil fuels Technology 39

Business Green

SEPTEMBER 30, 2021

Businesses bidding for major government contracts will now be required to set net zero targets, according to new measures that came into effect yesterday. These new rules show our bold and ambitious agenda to achieve Net Zero by 2050, protecting ourselves and future generations," said Steve Barclay, minister for the cabinet office.

Government 82

Government Climate change Waste Waste 82

GreenTechMedia

SEPTEMBER 23, 2020

In recent years, Array has grown its business and market share, both globally and in the U.S. Morgan, Morgan Stanley, Credit Suisse, Barclays and UBS Investment Bank will underwrite the offering. About 70 percent of ground-mounted solar installations built in the U.S. Securities and Exchange Commission. In 2019, sales in the U.S.

Technology 130

Technology Investment Construction Energy 130

AGreenLiving

JULY 8, 2021

Despite how crucial water is to business, and to life itself, the risks that come with not having enough of it have often been overlooked by investors, who’ve tended to focus more on carbon. Lagging disclosure This increasing demand in the midst of plummeting supply spells trouble for businesses.

Agriculture 28

Agriculture North America Waste Waste 28

Business Green

MARCH 8, 2021

A fluent Welsh speaker with a PhD in physics, Thomas has led the GFI since its inception, having spent 20 years in banking at Barclays where she held a succession of leadership roles, and was instrumental in developing and launching a suite of green financial products and services for the company.

Investment 86

Investment Government 86

Business Green

DECEMBER 21, 2020

Bankers for Net Zero alliance convened by All Party Parliamentary Group (APPG) on Fair Business Banking unveils framework for sector's role in accelerating UK decarbonisation. It said it aimed to facilitate "coherent discussions" about what the transition means for the sector and its relationship with the wider business community.

Fossil fuels 91

Fossil fuels Climate change Investment Sustainability 91

Business Green

APRIL 23, 2020

That means eurobonds; green conditions on state aid; new regulations to give investment certainty to business.". Among the report's findings is the fact that Barclays and HSBC have shelled out some £158bn in funding to fossil fuel companies in the five year period.

Fossil fuels 74

Fossil fuels Transportation Europe Investment 74

Smart Energy International

OCTOBER 7, 2022

billion energy acquisition of Con Edison business assets, expansion into Europe of an online renewable asset trading platform, a new electric vehicle (EV) initiative from SMS to ease financial constraints for UK businesses and an IIoT acquisition by an energy tech designer. RWE ’s $6.8bn energy business acquisition.

Energy Monitor 98

Energy Monitor Business Energy Monitoring Building Energy Monitoring Demand 98

AGreenLiving

JULY 8, 2021

Despite how crucial water is to business, and to life itself, the risks that come with not having enough of it have often been overlooked by investors, who’ve tended to focus more on carbon. Lagging disclosure This increasing demand in the midst of plummeting supply spells trouble for businesses.

Agriculture 36

Agriculture North America Waste Waste 36

Business Green

JANUARY 5, 2021

"Covid-19 has highlighted how non-financial risks, such as climate change, are capable of generating significant shocks to businesses and the economy. In order to identify themselves to customers as well-governed and resilient business, banks must prioritise sustainable finance.".

Demand 85

Demand Fossil fuels Climate change Resilience 85

Business Green

MAY 17, 2021

Global efforts will not be enough to reverse this crisis unless government, business and financial leaders act in our children's and grandchildren's interests," said Forrest. BusinessGreen has contacted a number of companies named in the report for comment on its findings, including Dow, HSBC, Barclays, Vanguard, and BlackRock.

Plastics 101

Plastics Waste Waste Recycling 101

Business Green

MARCH 11, 2021

Any phase out of coal financing by HSBC is particularly significant, given the bank is the second largest funder of fossil fuels after Barclays in Europe and undertakes extensive work with the coal sector in Asia. In that instance, however, the investors did not drop their original resolution, which was ultimately defeated.

Fossil fuels 101

Fossil fuels Energy Monitor Business Energy Monitoring Building Energy Monitoring 101

Business Green

FEBRUARY 18, 2021

Her depth of expertise on sustainability and climate change, and her experience working at the highest levels of business, NGOs, and government, make her the ideal candidate to accelerate our progress as we work to deliver our ambitious net zero strategy," he said. You can request an invitation to the event here.

Climate change 88

Climate change Sustainability Fossil fuels Government 88

Business Green

OCTOBER 8, 2020

BlackRock, NatWest, Barclays and Schroders among firms urging government to issue sovereign bond ring-fenced for green projects in wake of Covid-19 downturn. Issuing a Green+ Gilt will provide finance for green infrastructure, create green jobs and catalyse the sterling green and social bond market.".

Government 68

Government Investment Sustainability Climate change 68

Business Green

MAY 23, 2021

That is the clarion call today from Britain's biggest business group, the Confederation of British Industry (CBI), which has unveiled a "landmark" economic plan to drive decarbonisation, innovation, and 'levelling-up' that it claims could be worth £700bn in commercial growth for UK companies. All of this, government cannot do alone.

Government 92

Government Policy Hydrogen Innovation 92

Business Green

JULY 14, 2021

HSBC Bank Pension Trust, Barclays Retirement Fund, Unilever UK Pension Fund, Tesco PLC Pensions Scheme and Pennon Group Pension Scheme have announced net zero targets for the first time as they signed up to the A4S Pension Fund Chair Net Zero Statement of Support, according to a statement from the group today.

Investment 101

Investment Carbon-neutral Climate change Global warming 101